Slide background

Did you know that American United has guided over 11,000 New Jersey first-time home buyers toward home buying success?


That’s because first-time buyers are our favorite type of client!

Here are 5 great low-down payment home loans to help make home buying a bit easier:


The 1% Down Home Loan with Equity Boost:

Designed to eliminate one of the major obstacles to homeownership – saving for the down payment – this Conventional home loan is ideal for home buyers purchasing a single-family home or condominium in the $250,000 range.  You place 1% down, we provide a 2% “lender gift” up to $5,000 for the remaining down payment!  No catch, no gimmick, no repayment required.  And by adding a seller concession to cover closing costs, you can essentially purchase a home with only 1% of your own funds.  Income restrictions apply. Learn More 

CRA 3% Down “No PMI” Home Loan:

One of the best first-time buyer loan options on the market today – this 3% down “No PMI” loan is available for qualified buyers purchasing a home in low-to-moderate income sections of Linden, Rahway, Elizabeth, Newark, and Plainfield.  By removing the need for monthly PMI, we can save out clients hundreds off their monthly payment.  Learn More

Conventional 3% down w/reduced PMI:

Ideal for first-time buyers purchasing a single-family home or condominium anywhere in New Jersey and looking for the least amount down for a Conventional home purchase.  And as a bonus, for those with excellent credit we’ve reduced the PMI requirement to the lowest level possible – making homeownership even more affordable!  Learn More

FHA 203(b) Home Loan:

The FHA program is a government loan designed to help increase homeownership by allowing only 3.5% down for the purchase of a 1-4 family home or FHA approved condominium.  Available anywhere in New Jersey without income restrictions, and available for those with lower credit scores.  Learn More

FHA 203(k) Home Loan / Fannie Mae HomeStyle:

Two great loans designed for those looking to purchase and renovate or upgrade a 1-4 family home or condominium.  A perfect way to take an existing home and make it your own!  Learn More


Twice I moved and twice I called American United Mortgage. The service was exceptional, the rate was as quoted (and the best I could find) and we closed right on schedule. Thank you American United!
Kristy B., Readington, NJ
I’m officially closed and a home owner. Your team was amazing! I’m truly satisfied and will recommend you to all of my family and friends.
Eric R., Nutley, NJ

The American United team has helped thousands of first-time buyers and welcomes the opportunity to assist you as well

For full program details, or to review your qualifications, simply call or email me today at: 908.322.5423